Barbadian Minister of State in the Ministry of Foreign Trade and Business Development Sandra Husbands appears set to shove the country’s small business community to a more exalted level of entrepreneurial thinking in keeping with what she regards as some of the criteria for being part of the contemporary global business community.
Asserting that COVID-19 caused technology to become the heartbeat of business, she sought to impress upon small business owners the importance of shifting gears in order to become attuned to terms like “crypto currency”, “metaverse” and “block chain”, which she said were now commonplace in the language of commerce.
The Barbadian Minister declared that there was no denying that “the pandemic exposed companies and entire industries that really weren’t resilient or agile enough to adapt to the rapid changes in the market.
As a result, a post-pandemic world saw technology and access to data becoming not only the backbone of a business, but it became its heartbeat.”
Her comments came during a public event held to launch Small Business Week, organised by the Small Business Association of Barbados and being observed from September 18 to 24.
